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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (3014)1/23/1998 10:04:00 PM
From: Investor2   of 42834
 
NEW YORK, Jan 22 (Reuters) - Shares in Iomega Corp fell in pre-opening trade Friday after the computer storage company reported fourth-quarter diluted earnings of $0.13 a share.
The company's shares were trading at 9-1/8, down from a Thursday closing price of 12-12/16. The shares had fallen in after-hours trade to 9-63/64.

Iomega reported Thursday that its fourth-quarter earnings were up from a year ago but they appeared to fall short of Wall Street estimates.

Consensus Estimates
This Quarter (Dec 97) 0.16
This Year (Dec 97) 0.45
Next Year 0.63

Best wishes,

I2
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